Every time a new gadget is released, it's inevitable that you'll feel like upgrading yours. Sometimes it's worth it, but more often than not, it's a waste of money. The New York Times takes a look at this trend and suggests you consider what you're giving up when you spend money on an upgrade.

We've talked about the upgrade treadmill of tech before, but the New York Times makes a few compelling arguments. Breaking down the cost-to-use ratio for new tablets, laptops, and smartphones, they discuss when it's worth upgrading, and when it's not. More important, however, is the sentiment they close with:

Every year hardware manufacturers release new iterations of their products. From Apple to Samsung…
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No one has ever regretted waiting as long as they can to upgrade their technology. We're a nation of shoppers, tempted to buy the best at every turn. But I've found that the best way to avoid a premature upgrade is to remember what you might be giving up: a trip to a tropical getaway, a new suit or perhaps a down payment on a new bed that will help you sleep better. That kind of context makes it easier to pause and realize the grandest truth with upgrades: If it isn't broken, stolen or lost, maybe you don't need a new one just yet.

It's a good reminder to keep your priorities straight. Sure, a new smartphone might seem like a good idea, but are you sacrificing a better experience—like a vacation, bed, or new office chair—to get it?